The contribution of tourism to the economic growth of Medellin – Colombia
Original title: La contribución del turismo al crecimiento económico de la ciudad de Medellín – Colombia
- Juan Gabriel Brida,
- ,
- Maria Leivy Mejía-Alzate
- Universidad de la República,
- ,
- Institución Universitaria Colegio Mayor de Antioquia
Research Output:
Contribution to journal
Article
Peer-reviewOpen access
Publication Information
Output type
Research Output:
Contribution to journal
Article
Peer-reviewOriginal language
SpanishPages from-to (Number of pages)
Pages 1-23 (23 pages)Journal (Volume, Issue Number)
Revista de Economia del Rosario (Volume 24, Issue 1)Publication milestones
- Published - 01/01/2020
Publication status
Published - 01/01/2020
ISSN
0123-5362Publication IDs
- Scopus: 85097668651
Abstract
This work aims to measure tourism’s contribution to economic growth in the city of Medellin, Colombia, using data for the period 2005-2015. Initially, the different characteris-tic of the tourism sector branches are identified in the local gdp accounts. Then, tourism’s contribution to economic growth in Medellin is measured, and the relationship between tourism activities and economic growth is determined using the methodology of Ivanov and Webster (2007). The results show that for the analyzed period, the participation of tourism in Medellin’s gdp was between 8 and 9%, which illustrates the importance of the sector for the economy of the city.
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